UHS stock price target raised to $274 by Robert W. Baird due to strong Q2 earnings and revenue.

Universal Health Services (UHS) has seen its stock price target raised to $274 by Robert W. Baird, reflecting strong Q2 earnings of $4.31 per share, surpassing estimates. Its revenue reached $3.91 billion, exceeding forecasts. UHS also initiated a $1 billion share repurchase and declared a $0.20 dividend, despite insider stock sales. Meanwhile, UnitedHealth Group (UNH) beat EPS and revenue expectations but saw a 1.5% drop in share price amid insider selling and mixed institutional trading.

September 07, 2024
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